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Put real Hyperliquid positions behind your view, buy first, and let others join you on equal terms.

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HYPE over alts

HYPEALTS by @mira

“Every alt is a worse HYPE.”

Long HYPE 2× · Short 23 alts 2×

HYPE23 alts

Apr 2Worst 30-day period in this simulation −43%Sep 28

Simulated · after trading costs, before funding and fund fees +209% Apr–Sep 2026

Leveraged and inverse funds hold more than $300B. We’re building a way for anyone to create one.

ProShares, from Morningstar Direct, June 30, 2026
  1. Start with a view.
  2. Make it a fund: long HYPE, short 23 alts.One ticker for all of it.
  3. Others buy in at the fund’s value, plus a share paid into the fund for the other holders.
  4. Six months, simulated.After trading costs, before funding and fund fees.

The alts: a basket of 23 coins on Hyperliquid. They move with TradingView’s TOTAL3 without stablecoins (daily correlation 0.98). With 24 positions, it needs about 2,000 USDC to launch.

Get in early, beside the creator.

  • The creator buys first, and backers follow, all at what the fund holds, plus a share paid to the other holders.
  • Every share is worth its slice of what the fund holds.
  • The creator’s shares move exactly like yours: no special shares, no creator fee.

Your fund starts with your first buy.

What should it be called? Solana season

Give it a ticker. SOLSZN

Leverage 2×

What’s your view? SOL is where the users are.

What should it hold? SOL, long

Your first buy 20 USDC

Launch a fund

You’ll need USDC to buy and a little HYPE for gas.

The rules, in plain words.

No one holds a key to a fund’s trades. Each fund trades from its own Hyperliquid account, only its contract can act for it, and changing that contract takes 48 hours’ notice on chain.

Selling, costs, changes and risks.
Selling
Sell back to the fund. No buyer needed. Before you sign, you see the least you’ll be paid, unless the fund closes first. The fund sells your slice and pays you, in parts if it has to. Times are typical, not promised. If any.fund’s service stops, this site lets you send your sale’s next step from your own wallet. A sale needs a little HYPE for gas. A halted market or an unconfirmed fund order still needs any.fund.
How it moves
Each fund rebalances to its leverage on a fixed schedule, daily or hourly, like a leveraged ETF. After a big move against it, it cuts leverage to stay clear of liquidation, though a sudden move can still liquidate it; its page shows how big a move. Rebalances and cut-backs wait until someone sends them, usually any.fund’s service.
Costs
No creator fee. any.fund’s fee on what a fund trades can’t pass 0.10%, and any change is queued on chain 48 hours ahead. The amounts paid to holders on buys and sells stay in the fund. Trading fees go to Hyperliquid and market operators. Funding is paid to or received from traders on the other side; rates change. Both change share value.
Changes
Each fund’s terms are set at launch. During the alpha, you’re trusting any.fund with the money in its funds. Changes to the funds’ code or to any.fund’s fee (at most 0.10% of what a fund trades) wait 48 hours on chain, and a sale you’ve started may still be unpaid when one takes effect. To stop a problem, any.fund can pause buys or close a fund at once; holders then claim their share of the cash recovered.
Risk
Leverage cuts both ways, and cut-backs don’t cap losses. A fast move can liquidate a fund before it cuts back. You can lose everything you put in.
Alpha
Private alpha: on this site, only invited wallets can buy or launch. The contracts don’t check that rule.
Explore funds

The funds on this page are examples. Their figures are simulated history, after trading costs, before funding and fund fees. Lines are smoothed over 7 days; figures aren’t.